One of our earliest investments in pan- Africa was Celtel International, a provider of low cost telephony to populations of Africa. Celtel offered the largest contiguous GSM cellular network in terms of geographic coverage in sub-Saharan Africa. By making communication easy and affordable, cell phones positively impact society and the economy by creating opportunities in business, education, entertainment, disaster management, agriculture, and health care. Farmers and small businesses were among those that most benefited from the telecommunications coverage. Cell phones replaced the bicycle and the radio as the most prized possession of many Africans.